StockNews.com Initiates Coverage on Key Tronic (NASDAQ:KTCC)

Equities research analysts at StockNews.com started coverage on shares of Key Tronic (NASDAQ:KTCC) in a research note issued on Tuesday. The brokerage set a “buy” rating on the technology company’s stock.

Key Tronic Stock Down 3.3 %

KTCC stock opened at $4.41 on Tuesday. The company has a market cap of $47.45 million, a P/E ratio of 10.76 and a beta of 1.43. Key Tronic has a 52 week low of $3.72 and a 52 week high of $7.02. The company’s 50-day moving average price is $4.70 and its 200 day moving average price is $4.35. The company has a current ratio of 2.64, a quick ratio of 1.59 and a debt-to-equity ratio of 0.87.

Key Tronic (NASDAQ:KTCC) last released its quarterly earnings data on Tuesday, February 6th. The technology company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.02. The firm had revenue of $145.42 million for the quarter. Key Tronic had a net margin of 0.72% and a return on equity of 3.41%.

Key Tronic Company Profile

Key Tronic Corporation provides contract manufacturing services to original equipment manufacturers in the United States and internationally. The company offers integrated electronic and mechanical engineering, assembly, sourcing and procurement, logistics, and new product testing services. Its services include product design; surface mount technologies and pin through hole capability for printed circuit board assembly; tool making; precision plastic molding; sheet metal fabrication and painting; liquid injection molding; complex assembly; prototype design; and full product assembly services.